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as the fiscal cliff. if that happens, it will trigger a recession, or worse. so, president obama is taking action and insisting that republicans agree to increase the existing marginal tax rates on the wealthiest top 2% of u.s. taxpayers. and of course, there is more to the deal. but there will be no negotiations on that big part of the deal unless that tax on the wealthiest 2% is negotiated now. the president could not be more emphatic in stressing the indispensable element of surmounting the cliff is that super-rich revenue. >> we're not insisting on rates just out of spite. or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. >> okay. here is john boehner, the republican house speaker. >> if you look at the plans that the white house have talked about thus far, they couldn't pass either house of the congress. >> republicans proposed raising $800 billion in extra revenues. and that revenue should come through tax reform and closing loopholes. happy new year. question, patrick, looking into the crystal ball and tell us about this janua
as the obama administration has done for the past 15 months, but refusing, still, to detail which consequences those would be. >> we will explore with like-minded countries what more we can do to bring the conflict to an end, but that will require the assad regime making the decision to participate in a political transition, ending the violence against its own people, and we hope that they do so because we believe, as you know, that their fall is inevitable, but it's a question of how many people will die until that day occurs. lou: the violence, and morsi protesters in the street, and large scale clashes, worst of the violence since morsi proposed his powers. a third of the aides resigned now, and more than 225 injured in the clashes since they broke out. turning to the president and his views, steering clear of my public statements on egypt or morsi or the administrations, but jay carney responded to a question on the administration's actions on the turmoil, a scripted response that he clearly wrote word for word. a two-way dialogue with an exchange of the egyptian people themselves, about t
, which is why democrats will relish going over the cliff. but obama is not running again, unlike democrats in congress. he is thinking of his legacy. if we go over the cliff and into recession, and the cbo has predicted 9% unemployment, a drop in gdp, that will wreck his second term. i am not sure he has all the cards. he has the advantage and republicans as their backs against the wall, but he may be overplaying his hand. he is pushing for unconditional surrender. i am not sure republicans will go along unless there is some give on obama's part. >> unconditional surrender, mark? >> i am not sure with the exact policy is. the president has the advantage and the factors you are seeing are on the republican side. the democrats' ranks are totally unified. but i think it is important when the president does prevail, which i think he will in this showdown, all but certain, that there be -- that it be done in a way that john boehner leaves with his dignity intact and a sense that he has achieved something. if it is just -- humiliation cannot be a byproduct. >> colby? >> it would not be
a great night. we'll see you right back here tomorrow. ♪ lou: the obama administration tonight ramping up diplomatic efforts to end seer -- syria's bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meeting with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and today, a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future. the pressure against the regime in and around damascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuing the sharpest warning y
this week president obama issued a very stern warning to assad that if, in fact, he used chemical weapons on his own people, he would be held accountable. now we're going to continue to follow the breaking developments out of the region, but first tonight, urgent developments on the fiscal cliff show down. tim guy ne geithner announced of of the white house that we would, quote, absolutely go over the fiscal cliff which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right now the presiden
in congressss are relishing going over theliff. but obama is not running again unlike democrats in the congress. if we go over the cliff and into the recession that cbo has predicted withth a 9% unemployment, that will wreck his second term. i am not sure he has all the cards. republicicans have their backs against the wall, but he may be overplaying his hand. he is pushing for unconditional surrender, and ii am not sure e by republicans will go along unless there is some give from obama. >>>> unconditional surrerender rk? >> i am not sure what the exact policy is. the president has the advantage. the e factors are a on the republican side. and the democrats' ranknks have been totally unied. i think i.t. is important when the president does prevail which i think he will, ththat it be done in a way that john boehner, republican speaker of the house, leaves with it his dignity intact and with a sense that he has achieved something. if it is -- humiliation cannot be a byproduct of the final resolution. >> colby? >> it would not be a defeat for president obama in any w way. if we go over the cli,
are speaking out about an obama care tax on medical device companies. 16 other democrats in the senate are joining them. geez, i may faint. now to washington, d.c. with fed chairman ben bernanke sent a chill down the spine of traders on wall street. bernanke said the fed's money printing should last only until we hit 6.5% unemployment. markets didn't like that one bit and a good rally was completely erased. and we go to damascus where the assad regime is firing scud missiles and where did those missiles come from anyway? >>> in a letter to senate majority leader harry reid, 18 democratic senators are requesting a sweetheart deal to delay a 2.3% medical device tax that is part of obama care. due to start january 1st. but you know what, may i with all respect, these guys are hypocrites. they're not supply siders. yes, the tax is a job killer, as they say, but it's only hitting their states. the senators claim the medical device tax kills jobs but why aren't they against all the other job killing obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk a
trillion dollars in debt. now, in 2008 obama called nine trillion dollars in debt. he said that was irresponsible, unpatriotic. to say this another way, we're literally stealing money from our children and our grandchildren. now, this is the kind of generational theft that has never happened in this country until now, and neerlt part neits addressing this on a regular basis. both parties are arguing over how to tax the rich. now, number two. greed and overspending. for all the talk about greedy rich people in america, how is it possible that politicians' greed is never addressed? after all, they robbed the social security trust fund. they spent it. that's your retirement money that was supposed to be put away in a safe lock box. they spent that money. medicare is also headed for bankruptcy, and obama just raided that to the tune of $$716 billion. why? he wanted that money for obama care. how is it possible that the very people that have squandered your retirement, have brought us to the brink of becoming greece, the people that are stealing from their children and breaking
of greenpeace international has sent to president obama, as the united states comes under increasing criticism. we will speak to kumi naidoo and samantha smith, as well as a panel of youth climate activists. first, to egypt. >> we hold president morsi and the government completely responsible for the violence happening in egypt today. what is happening at the presidential palace at the moment, the violence, without the protection of the country, is an announcement from the country and president that they do not hold their responsibility to protect the country. >> the egyptian army has deployed tanks outside of the presidential palace in cairo and six people have died in clashes between supporters and opponents of president morsi. we will speak to sharif abdel kouddous. >> this is democracy now!,, the war and peace report. i'm amy goodman. we are broadcasting from doha, qatar. egyptian forces have deployed outside a cairo after violent clashes between pro and anti- government demonstrators left six people dead and more than 400 injured. the violence marked a major escalation in
report." president obama goes before business leaders and says "we could get this done in a week" when it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president
-president dick cheney slamming president obama's foreign policy. >> our allies no longer trust us or have confidence in us, and our adversaries no longer fear us. the president makes bold statements and bold talk in the last couple of days about developments in syria, but i don't think they care. >> greta: you'll hear more from vice-president cheney in a few minutes, but first, the big threat here at home. >> this isn't a progress report because there's no progress to report. >> tax cuts? not government spending, not irresponsible entitlements. that gets a pass. it will be tax cuts. obama's premise that this country'country'scountry's firse fraudulent and he's fixing it, and they'll be etched in stone. tax cuts. >> the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won
, rebel commanders we have spoken to, not very encouraged by what they are hearing from president obama. they don't think that these kind of warnings of unspecified consequences will make any difference on the ground. they say the white house and president obama has warned the government not to attack civilians, yet civilians have been attacked. they have warned the syrian government not to use disproportionate force, yet clearly disproportionate force has been and is being used in this conflict 21 months on, 40,000-plus dead. now, in terms of what will happen next, it's hard to know on the ground here. the rebels are clearly making advances. the north of this country feels like an independent state. aside from attacking from the air, there are not any syrian troops in this area at all, but the rebels still don't have enough power to deliver a knockout blow. most of the fighting is focused on the two big cities, aleppo and damascus. but as of now, they haven't been able to take either one of them. david? >> richard engel, thank you very much. for more on this developing story, i want to
the waiting game to see if country and the president take the economy off the fiscal cliff, president obama says he will not play the debt ceiling game again. but he is taking a few more shots in the public relations game. turning the screws on republicans, a little bit more. chief white house correspondent ed henry starts us off tonight. >> reporter: finally the blame for stalled budget talks on republicans, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business ow
's looming tax and spending cuts commonly known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and we'll go off the cliff if the republicans don't acreed to that demand. so we're still at a stand still. >> paul: kim, why is the president so insistent on increasing tax rates? boehner has already put on the table a comparable amount of money to be gained from putting a cap on deductions, about 800 billion over ten years, so such a-- >> look, paul, two reasons. first is ideological. his partisans, his liberal base believe this is somehow a symbol of winning the tax fight and you can only do that by raising the rates on the wealthy in the country and they're insistent on
the sequestration hanging over our heads. >> they constantly create a situation, try to blame obama. >> bill: kevin, do you think we dare say look, hold the line and if you don't raise rates on the top 2%, we're not going to make a deal? >> absolutely. hold the line. i'll gladly pay more taxes than to have some rich son of a bitch pay more. >> bill: you and me both. that's all right. i'm willing to do it. i am a patriotic millionaire. i ought to -- i should join the club. thanks, kevin for the call. >> announcer: this is the "bill press show." which was just as you say -- maybe it was starve the beast. i'll look it up during the break. going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of
week has been wasted. given president obama won the election and seems to have most of the political leverage, what's the realistic deal to be made in the next 23 days? >> first of all i think something's going to happen. i hope it's large enough for people who want to see entitlement reform to vote for. the president has leverage but the republicans have leverage with the debt ceiling, hopefully cooler heads will prevail. theorist are coming forward on how to deal with this. it's a unique moment in history where every developed country in the world, economists on both sides of the aisle know the greatest threat of the country is fiscal solvency. the minority party is trying to leverage the president into doing something great for the nation. i hope the president soon will see the light. >> senator schumer, three weeks left. what's the compromise that both sides can live with on taxes, spending cuts and entitlement reform? >> i think we'll get a deal. everyone realizes how important it is, our economy is moving up some, not fast enough but some, and to go over the cliff would be terr
and means testing and medicare. those are the things that house speaker boehner and president obama talked about in july of 2011. that is going on behind the scenes. that's the sticking issue and so on the debt ceiling. if president obama wants them to give on taxes, he must give on that. if he doesn't, we will go over the cliff and he is looking at a bigger fight in january over the debt ceiling. everyone is focused on the tax issue, but the real focus is what is in exchange for a debt ceiling increase. is it substantial medicare reform? >> i don't agree that the press is not talking about it. we know that is the big battle ahead. i think that part of the confusion and your point, all of these republicans, both those that are elect and control the radio airwaves have all said we are going to see the tax rate for the wealthiest americans go up. for some reason, we can't or we won't any time soon see speaker boehner get before a microphone and say we know this is part of the deal. to that point, what do you make of the negotiations. at least the finger points and i'm not doing this and you
coronation, obama the king. he's acting in many ways like he is anointed. all right. thank you, brian maloney. radio equalizer. appreciate you being with us. >> thank you, sean. >> sean: let not your heart be troubled. why, because greta has a great show. she's standing by to go on the record. an cowann co coulter and newt gh are among the guests. greta, take it away. >> this is a fox news alert. those are protests outside egypt's presidential palace and they're turning violent. more than 100,000 protesters clashing with police. protesters calling it their last warning to the new egyptian president. president morsi fleeing the pals in the middle of this chaos. grn record jacob lippencot is in cairo with the latest. what's going on? >> reporter: the violence tonight was relatively claim between anti-morsi protesters and police over the last few years. the crowds were huge and demonstrate once again the ability of the opposition secularists and the ruling islamists to bring out huge crowds of supporters. two days ago a peaceful islamist protest shuf shut down the supre court. it
crisis in syria a little later on. first, tonight treasure secretary geithner saying the obama administration is absolutely ready to go over the fiscal cliff. >> what we got today was a assemble nar on hoaseminar on h. >> the vast majority of the media is on his side. no matter what he says, no matter what he does, even though what he's doing is outrageous, but his own party won't support him. >> the republicans have conceded the language. >> we could probably solve this in about a week. it's not that tough. >> it was week. >> president obama has said that he has pen in hand and he's prepared to sign the middle income tax cuts. >> you have a president of the united states that has the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. >> in his second term i hope he will offer fresh ideas and serious leadership. >> we need a response from the white house. >> i'm hea here to tell you that nobody wants to get this done more than me. >> it's true that president obama won reelection and i congratulate him on his victory, but o
to a tax revenue target well below the $1.6 trillion obama has demanded over the next decade. hello. open door anybody? that door on rates is clearly not entirely shut on the republican side nor on the president's side. "the post" lays out a scenario in which the house could adopt two competing bills, one extending the bush rates for everyone including the wealthy. the other extending the bush rates just for those making less than $250,000 a year. it gives republicans the opportunity to vote on both bills. both bills would then go to the senate. which would just pass the middle class tax cut bill or the house would end up passing what the senate already passed and that other bill just goes to die. so with it looking less and less likely washington will go over the cliff, that's gone. here are the real questions now. one, how big a deal will the parties make before the end of the year? two, have republicans stumbled into what could be political leverage at least in the short term? if all republicans do is extend the middle class tax cuts, punting the rest of this fight to february, when th
. chemical weapons against his own people and president obama has said if that happens, there will be consequences. tonight, the concerns and the reality inside syria. this military man lost custody of his little girl when his foreign wife divorced him and left the country. >> i just literally had about 20 minutes to say goodbye to my daughter. >> harris: now, the supreme court taking a case that could mean a lot for military families. plus, dogs, learning how to drive cars. shifting. >> good boy. >> steering. >> good. >> accelerating. cats of the world consider yourselves warned. i'm harris faulkner in tonight for shepard smith. we are learning u.s. forces could soon be headed to the syrian border. their mission part of nato's plan to put patriot missiles at the line between turkey and syria. those patriots are designed to intercept any potential missiles coming from syria. and defense officials say any country that sends its equipment is likely to send their own troops to operate it we're told no one has signed deployment orders officially just yet. it's almost certai
Search Results 0 to 49 of about 260 (some duplicates have been removed)